San Francisco based life insurance startup has raised $35m in venture financing led by Accel.
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Google, Accel and Jay Z invest in life insurance start-up Ethos, valuing it at more than $100 millio
Ethos, a start-up that says it can process life insurance applications in a matter of minutes, has raised $35 million in a funding round led by Accel and backed by Google's venture capital arm. The latest investment raises the San Francisco-based company's total funding to over $46 million, and CNBC understands the firm is now valued at more than $100 million. The deal, which marks Ethos' second major round of investment, sees Accel Partner Nate Niparko join the firm's board of directors, while Google Ventures General Partner Tyson Clark will act as an advisor to the board.
